This bill prohibits the President and the Treasury Secretary from entering into tax agreements, orders, or similar arrangements that would release or reduce tax claims against the President, their family members, or related businesses during the President's time in office. The legislation applies retroactively to any such instruments created starting January 20, 2025, and requires the Treasury Secretary to report to Congress and the public within seven days whenever such an instrument is created, along with follow-up reports every 30 days for up to three years after the President leaves office. The bill also extends the statute of limitations for tax assessments by up to three years for any taxpayers affected by these prohibited arrangements, ensuring the government can still pursue tax claims even after normal time limits would have expired. There is no specified funding requirement, as the bill primarily adds reporting and enforcement duties to existing IRS operations. The measure is designed to prevent any sitting President from using executive authority to settle tax disputes in ways that might benefit themselves or their associates.

H.R. 9813 imposes new restrictions on retirement savings for wealthy Americans, targeting high-income taxpayers with substantial retirement account balances. The bill caps annual contributions to retirement plans at $10 million minus existing balances for individuals earning over $400,000-$450,000 annually (depending on filing status), with a 20% tax penalty on excess contributions. Beginning in 2034, affected taxpayers with combined retirement account balances exceeding a set threshold must take increased mandatory distributions—withdrawing 50% of amounts above the threshold, or 100% if they hold significant Roth accounts—and face a 37% withholding tax on these distributions. The legislation exempts employer contributions, inherited accounts, and rollovers from the contribution limits while requiring retirement plans to facilitate the mandated withdrawals without allowing them to be rolled back into other retirement accounts.

H.R. 8060, the Elder Justice Reauthorization and Modernization Act of 2026, reauthorizes and expands federal programs to prevent, investigate, and prosecute elder abuse, neglect, and exploitation while addressing workforce shortages in elder care. The bill provides $410 million annually through 2030 to recruit and retain healthcare workers in nursing homes and other elder care settings through wage subsidies, education assistance, and support services, with funding distributed to states based on their senior population and with minimum allocations to ensure all states participate. It also dedicates $500 million annually to elder justice programs, $188 million to new initiatives including medical-legal partnerships and social isolation prevention efforts, and $23-30 million for long-term care ombudsman services. The legislation extends grant eligibility to Indian tribes and tribal organizations, reserving 2 percent of funds for tribal programs, and requires the Department of Health and Human Services to evaluate program effectiveness through biennial reports and maintain an independent research office funded at $10 million annually. These investments collectively target vulnerable older adults and people with disabilities, healthcare workers in elder care, and state and local agencies responsible for elder protection through fiscal year 2030.

The Automatic IRA Act of 2025 requires most employers to establish automatic retirement savings programs for their employees, with contributions starting at 6% of wages and gradually increasing to 10%, while allowing workers to opt out or adjust their contribution rates. Eligible employees include most workers age 18-21 and older with minimal service requirements, and the bill requires investment options such as target-date funds and principal preservation accounts with restrictions on unreasonable fees. To help employers comply, the Treasury Department will create model forms and maintain a website with standardized information about approved providers and investment options. The legislation offers small employers a $500 annual tax credit for three years if they establish an automatic IRA program, while imposing a $10-per-day excise tax on larger employers who fail to maintain these arrangements, with exemptions for businesses under 10 employees and government plans.

This bill expands the E-3 visa program to cover Irish nationals. The E-3 visa is a nonimmigrant visa currently only available to Australian nationals coming to the United States for employment in a specialty occupation. For Irish E-3 initial applications, the Department of State may approve each fiscal year no more than 10,500 minus the number of Australian initial applications approved the previous fiscal year.